Interested in purchasing investment houses in the 40823 zip code in Cumberland, KY?
The zip code 40823 is in both Harlan and Letcher counties with a latitude of -82.997150000000 and longitude of 36.959850000000, is in the state of Kentucky. The average asking price of houses and condos is $77,500.00 and the average sale price was $58,553.00. this regions is classified as the Knoxville metro area and is in the 606 area code. The location in degrees is 36° 57' 35.46" N, 82° 59' 49.74" W. The county F.I.P.S. is 21095. This zip code contains two cities including Cumberland, KY (5.40%), and Benham, KY (0.13%) The total land area is 58.0 square miles and the water area is 0.2 square miles. The elevation in this area is 1765 - 3570 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 40823 is in county number 095 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 3,604 in 2019 and 4,231 in 2010. Of this, the break down in 2019 was 2,243 urban and 1,360 rural. This further breaks down to 1,663 males (46.1%) and 1,941 females (53.9%). The median age of residents is 43.5 years. The population density (people per square mile) is 62. This zip code has a combined total of 2,061 houses and condos. There are 654 rented appartments. 40% of residents rent versus the 40% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $37,623 and the average salary is $34,095. The median household income of individuals is $23,529.00 and the average is $36,950.00. This zip code has a mean commute time to work of 20.0 minutes. The unemployment rate is 13.7%. Income earners by percent breakdown as 78.90% (Under $50,000), 17.40% ($50,000-$100,000), and 3.70% earn over $100,000. 31.5% of residents live below poverty line versus the 16.3% in the state that are below this line. The cost of living index is 76.1. The educational breakdown is 73.5% have a high school education or higher, 13.2% have a bachelor's degree or higher, and 5.3% have some kind of profesional degree.
This area has 1,758 households and the average size is 2.2 people. Individuals who are single and have never been married are 22.6%, 49.5% are now married, 2.3% are separated, 12.7% are widowed, and 12.9% are divorced. The average yearly contribution amount given by people to charity was $4,150 versus the state average of $4,303. The percent of residents who gave to charity was 6.7%.
The estimated median value of houses and condos is $54,845. The median monthly owner costs of mortgage holders was $799, where as the costs for those who don't have a mortgage are $291. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $638. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,257. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $733. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $596. Reported taxable interest for persons was $1,127, dividends $1,517, and itemized deductions $19,417. The average earned income tax credit is $2,417. The percent of individuals that use a tax preparer is 74.8%. The total average income taxes paid by individuals was $6,175. Businesses reported an average profit of $7,494.
Wing Street
1208 E Main St, Cumberland, KY 40823
El Charrito
35 Black Bear Ave, Cumberland, KY 40823
Sacon Mexican Restaurant
35 Black Bear Ave, Cumberland, KY 40823
Miner Diner The 2
408 Main St Ste 1, Cumberland, KY 40823
Regina's Tastee-Cream
1204 E Main St, Cumberland, KY 40823
Hoagie Shop
106 3rd Ave, Cumberland, KY 40823
Dairy Hut Too
2207 E Main St, Cumberland, KY 40823
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